The Asian Infrastructure Development Bank (AIIB) unveiled its initial batch of projects at its first annual meeting in Beijing in June, giving the go-ahead to investments totaling U.S.$509 million (3.4 billion yuan) and providing an important yardstick to assess the bank’s first six months.

The AIIB has swiftly been taking shape since China’s President Xi Jinping and Premier Li Keqiang announced its formation less than three years ago. Its mission, they said, was “to promote interconnectivity and economic integration in the region.”

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